Episode 85: Implementing Systems and Processes That Strive for Efficiency and Scalability

Real Estate Investor MBA

Real estate is an occupation that can create abundant opportunities in lifestyle. In today’s episode, Anna Myers who is a Chief Operating Officer shares with us her plans for watching the horizon and understanding how upcoming market changes can impact things.

She also talks about data that isn’t just about numbers—it is having continuous research study for the market. So one of the powers of our company and its efficiencies are rooted in knowledge. Buckle up and learn how to grow your market with plans and processes!

Remember, this is your MBA. Have a notepad handy, and get ready to take some notes!
Key Points from This Episode:

• Anna shares her stepping stone on Grocapitus.

• The hard-to-keep growth count of Grocapitus as of November 2022.

• How to manage large portfolios?

• What moratorium happens during the peak of COVID?

• Anna talks about essential research studies on companies.

• Ways of doing assets and getting away from a curve that is coming.

• Anna shares about the growth value multi-family income funds.

• Anna talks about their existing portfolios and the ship-shaped current assets.

• Debts couldn’t be ignored.

• What is dry powder?

• Anna’s vision towards the best assets in the best neighborhoods of the best markets and the best states.

Tweetables:

“So we also believe it's very, very important to show your data to your investors” – Anna Myers

“Our data is based on third party knowledge. I mean, we're not going around creating data.” – Anna Myers

“Debt is so volatile right now that it's a very difficult environment to operate in” – Anna Myers

“Be careful about where you buy. Because if you buy in a place that's still coming down, you could end up in the wrong, upside down there.” – Anna Myers

“No one can tell you absolutely for sure which market is gonna do the absolute best.” – Anna Myers

Links Mentioned:

Grocapitus - Grofund

Multifamily U

About Anna Myers

Anna serves as Vice President at Grocapitus, a commercial real estate investment company in the San Francisco Bay Area. Anna is a third-generation commercial real estate entrepreneur who applies her 25+ years of experience in technology and business to finding, analyzing, acquiring and asset managing commercial properties in key markets across the U.S. Together with her business partner Neal Bawa, they approach real estate through a data science lens to create compelling profits for 1000+ investors.

As the lead underwriter for the company, Anna teaches deal analysis for MultifamilyU in quarterly Boot Camps. MultifamilyU is an apartment investing education company owned by the principal Neal Bawa. Also via MultifamilyU, Anna hosts weekly webinar events featuring top speakers in real estate. Anna is regularly interviewed on podcasts in the industry, with over 25 podcast appearances so far in 2019. Anna Myers also co-hosts two monthly Real Estate Investor Meetups in the Bay Area with over 1000 members.

Related to Syndication with Grocapitus, Anna and Neal have successfully completed Equity Raises of 25 Million dollars for Multifamily Acquisitions in the last 12 months, resulting in over 1300 units purchased. They are on track to close another 1300 in the next 12 months. As the asset manager for the Grocapitus portfolio, Anna again brings the data driven approach to track and insert optimizations to the properties to help drive property performance and investor returns.